S.S. Infrastructure Development Consultants Ltd
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info@ssidcon.org Website:www.ssidcon.org
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Initial public offer consisting of fresh issue of 42,80,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 40 per equity share (the "issue price") (including a share premium of Rs. 30 per equity share) aggregating to Rs. 17.11 crores (the "issue"), of which 2,22,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40 per equity share, aggregating Rs. 0.89 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 40,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40 per equity share, aggregating Rs. 16.22 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 30.19% and 28.62% respectively of the fully diluted post issue paid up equity share capital of the company.
The face value of equity share is Rs.10 each and issue price is 4 times of the face value.
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S.S. Infrastructure Development Consultants Ltd
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Rs Cr |
Lead Managers to the Issue |
17.11 |
Pantomath Capital Advisors Pvt Ltd |
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17.11 |
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14.17 |
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Rs.
40.00
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Projects |
Renovation of existing offices and opening of new branch office
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Purchasing of software's and hardware's
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Repayment of secured & unsecured loans availed by the company
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Funding thhe working capital requirements of the company
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General corporate purpose
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Satyanarayana Sundara |
Seshagiri Rao Palle |
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Bigshare Services Pvt Ltd |
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